Tag: bitcoin price stalls

Bitcoin Price Breakout Stalls With Daily Trading Volume Also Tumbling
Technology

Bitcoin Price Breakout Stalls With Daily Trading Volume Also Tumbling

[ad_1] Bitcoin price increases have mostly stalled following two days of gains that had spurred optimism for a more sustainable rally. Bitcoin price increases have mostly stalled following two days of gains that had spurred optimism for a more sustainable rally. Bitcoin, the largest token by market value, declined as much as 1.5% on Thursday to once again trade around $20,000, a level it's been stuck around for weeks. Ether was little changed, while an index tracking the 100 largest coins also fell.“After a two-day reminder of the potential for crypto markets to rally, momentum has taken pause,” Genesis analysts wrote in a note. Interest in crypto has waned amid a slump in prices that's seen Bitcoin lose 70% from its all-time high of near $69,000 in November. Retail investors, in part...